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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Local Motors announces winners of Terra Prix 2085 design competition

Local Motors has announced the 10 winners of its Terra Prix 2085 Concept Design competition. The competition brief asked entrants to design a two-person race vehicle that could navigate every terrain imaginable on every continent, as well as a support craft for any maintenance needed throughout the race. The support craft had to be able to carry tools, extra parts, any potential module changes for different terrain as well as enough 'fuel' for both vehicles to move between three major checkpoints.

College Exhibition: RCA/VW - Day and Night

Vehicle Design students at the Royal College of Art in London, UK, started work on a project sponsored by Volkswagen in October last year. Asked to research and visualize future market sectors and the needs, aspirations and desires of potential users; VW's brief to the students was to create a vehicle which had an innovative, integrated interior to reflect the research the students conducted, in a space that had equal value both in the daytime and at night. The brief also called for new space concepts for the person/machine interface through new functions and new packaging of components.